3864 35th Street, San Diego, CA 92104

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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$5,199,000

Est. payment - /mo

3 Beds

10,410 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 10,410 sqft

Price per Sqft $499

MLS Listing ID 250035401

Bedrooms 3

Property Sub-Type Com-Res Income

Property Description

- Newer vintage (1986) when compared to the majority of the submarket meaning far less capital expenditure needed vs. comparable properties - 11/18 units renovated already with room to push rents - Below market rents (~20.6%) across the board - 6.5% cap + mark-to-market - No new construction in the immediate submarket - Average per unit sale in past 12 months in 92104 zip code is $411,000/unit vs. asking price of $297,000 is a ~28% discount to comparable sales Encouraging all offers.

Location

State CA

County San Diego

Community Elevator

Area Metro Uptown

Interior

Fireplace No

Exterior

View Y/N No

Total Parking Spaces 11

Building

Story 3

Others

Tax ID 447-452-27

Virtual Tour https://www.propertypanorama.com/instaview/snd/250035401

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Listed by Erik M Anderson Newmark of Southern California

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3864 35th Street San Diego, CA 92104